2024-02-13T06:48:09-06:00 2023-08-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-09-01 201581289 FRIENDS OF THE CHILDREN - BOSTON INC FRIE 6179833682 184 DUDLEY STREET BOSTON MA 02119 YI-CHIN CHEN EXECUTIVE DIRECTOR 6179833682 2024-02-13 1 YI-CHIN CHEN 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2024-02-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z YI-CHIN CHEN 184 DUDLEY STREET BOSTON MA 02119 2445664 0 X WWW.FRIENDSBOSTON.ORG X 2004 MA IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. 15 15 26 103 0 0 5274646 2375110 0 0 5738 42804 -78901 -107405 5201483 2310509 16185 11897 0 0 1670414 1970639 0 0 258212 509992 672174 2196591 2654710 3004892 -344201 5014362 6976686 171399 2364547 4842963 4612139 IMPACTING GENERATIONAL CHANGE BY EMPOWERING YOUTH WHO ARE FACING THE GREATEST OBSTACLES THROUGH RELATIONSHIPS WITH PROFESSIONAL MENTORS - 12+ YEARS, NO MATTER WHAT. 0 0 2034974 11897 FRIENDS OF THE CHILDREN-BOSTON CREATES GENERATIONAL CHANGE BY ENGAGING CHILDREN FROM HIGH-RISK COMMUNITIES IN 12 1/2 YEARS OF TRANSFORMATIVE MENTORING RELATIONSHIPS. WE CALL THE CHILDREN WE SERVE ACHIEVERS TO DEMONSTRATE OUR BELIEF IN THEIR POTENTIAL; OUR LONG TERM GOAL IS FOR ACHIEVERS TO GRADUATE FROM HIGH SCHOOL AND SUCCEED IN COLLEGE. OUR PROGRAM CONSISTS OF 20 HOURS A MONTH OF COMPREHENSIVE MENTORING AND ADVOCACY SUPPORT. 2034974 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 26 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X YI-CHIN CHEN 6179833682 184 DUDLEY ST BOSTON MA 02119 ALLEN C NUNNALLY CLERK 1.00 X X 0 0 0 MICHAEL CLEARY DIRECTOR 0.25 X 0 0 0 DANA CRAWFORD DIRECTOR 0.25 X 0 0 0 ROBERT E HALLAGAN CO-CHAIR 1.00 X X 0 0 0 JULIE LYNCH CO-CHAIR 1.00 X X 0 0 0 PRAPTI MITTAL DIRECTOR 0.25 X 0 0 0 JOHN SIMON DIRECTOR 0.25 X 0 0 0 JEFF SOMERS TREASURER 1.00 X X 0 0 0 DEBORAH DREW DIRECTOR 0.25 X 0 0 0 AMIR MADJLESSI DIRECTOR 0.25 X 0 0 0 DANIELLE WILLIAMS DIRECTOR 0.25 X 0 0 0 JIM DAVEY DIRECTOR 0.25 X 0 0 0 DR MARVIN LOISEAU DIRECTOR 0.25 X 0 0 0 JENDAYI WILLIAMS DIRECTOR 0.25 X 0 0 0 NICOLE BORDEN DIRECTOR 0.25 X 0 0 0 YI-CHIN CHEN EXECUTIVE DIRECTOR 40.00 X 138077 0 0 STACY A DELLORFANO DIRECTOR OF DEVELOPMENT 40.00 X 119325 0 1419 257402 0 1419 2 0 0 0 0 429948 188471 1756691 16299 2375110 42804 42804 27750 429948 135155 -107405 -107405 2310509 0 0 -64601 11897 11897 145385 79962 7269 58154 1441345 1204114 119082 118149 257842 208661 20532 28649 126067 102021 10039 14007 63121 63121 121643 98441 9686 13516 34403 9229 24960 214 206360 166999 16432 22929 44495 37821 5784 890 7500 7500 6916 6916 15340 12414 1222 1704 ACHIEVER PROGRAM EXPENS 88365 88365 BAD DEBT EXPENSE 61670 61670 MISCELLANEOUS EXPENSE 14811 14811 EVALUATION EXPENSE 7550 7550 2654710 2034974 361524 258212 89102 307106 4255776 4211642 594670 323250 34012 14559 76311 69469 13758 6842 27044 2113287 5014362 6976686 151241 189448 20158 4889 0 2170210 171399 2364547 X 4317963 4186855 525000 425284 4842963 4612139 5014362 6976686 -344201 113377 0 X 0 1 X 1 0 X 1846615 2139428 2288863 5307246 2375110 13957262 1846615 2139428 2288863 5307246 2375110 13957262 810086 13147176 9392 11898 1052 5738 42804 70884 14028146 17805 0.93720 0.96400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 17691 11897 27167 2421 1 X 9170 4880 4290 67141 64589 2552 6842 DEPOSITS 27044 OPERATING LEASE RIGHT-OF-USE ASSET 2086243 2113287 OPERATING LEASE LIABILITY 2170210 2170210 2423886 113377 113377 2310509 0 2310509 2654710 0 2654710 0 2654710 PART IV, LINE 1B: ACHIEVER ENTREPRENEURSHIP PROGRAM PART IV, LINE 2B: ACHIEVER ENTREPRENEURSHIP PROGRAM: THE ACHIEVER ENTREPRENEURSHIP PROGRAM GIVES FRIENDS-BOSTON'S YOUTH THE OPPORTUNITY TO LEARN ESSENTIAL LIFE SKILLS, LEARN THE BASIC CONCEPT OF ENTREPRENEURSHIP, AND EARN MONEY AS REWARD FOR THEIR LEARNING. IN FY 2023, 19 ACHIEVERS IN MIDDLE SCHOOL AND HIGH SCHOOL PARTICIPATED IN THE PROGRAM. INDIVIDUAL ESCROW ACCOUNTS ARE ESTABLISHED UNDER FRIENDS-BOSTON'S UMBRELLA MASTER BUSINESS BANK ACCOUNT. ACHIEVERS CAN RETRIEVE THEIR EARNINGS AT ANY POINT, AND WILL HAVE THE OPPORTUNITY TO HAVE THEIR EARNINGS MATCHED DOLLAR-TO-DOLLAR FOR UP TO $1,500 AT THE TIME OF THEIR HIGH SCHOOL GRADUATION. FRIEND RAISER 457698 429948 27750 10000 52713 72442 457698 429948 27750 10000 52713 72442 135155 -107405 1 YOUTH STIPENDS 19 11897 FMV N/A PART I, LINE 2: ACHIEVER ENTREPRENEURSHIP PROGRAM: THE ACHIEVER ENTREPRENEURSHIP PROGRAM GIVES FRIENDS - BOSTON'S YOUTH THE OPPORTUNITY TO LEARN ESSENTIAL LIFE SKILLS, LEARN THE BASIC CONCEPT OF ENTREPRENEURSHIP, AND EARN MONEY AS REWARD FOR THEIR LEARNING. IN FY 2023, 19 ACHIEVERS IN MIDDLE SCHOOL AND HIGH SCHOOL PARTICIPATED IN THE PROGRAM. INDIVIDUAL ESCROW ACCOUNTS ARE ESTABLISHED UNDER FRIENDS-BOSTON'S UMBRELLA MASTER BUSINESS BANK ACCOUNT. ACHIEVERS CAN RETRIEVE THEIR EARNINGS AT ANY POINT, AND WILL HAVE THE OPPORTUNITY TO HAVE THEIR EARNINGS MATCHED DOLLAR-TO-DOLLAR FOR UP TO $1,500 AT THE TIME OF THEIR HIGH SCHOOL GRADUATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS EACH BOARD MEMBER COMPLETE THE CONFLICT OF INTEREST POLICY EACH YEAR. NEW MEMBERS SIGN IT DURING THEIR ON-BOARDING PROCESS. FORM 990, PART VI, SECTION B, LINE 15A FINANCE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S ANNUAL SALARY AND DECIDES HOW MUCH (IF ANY) TO INCREASE SALARY. THEY THEN SIGN A FORM AUTHORIZING THE SALARY ADJUSTMENT TO BE MADE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE UPON REQUEST.